Features and Amenities
Not much has been disclosed about the project but based on previous projects by Giannone Petricone Architects, the condo will have open-concept designs and contemporary finishes.
The condo in Toronto will also have a gleaming tower clad in grey and white glass panels sitting atop a mixed-use podium.
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Location and Neighborhood
Toronto’s Old Town neighborhood is a dense retail district that sits adjacent to Downtown Toronto. This highly connected neighborhood is one of the most desirable places to live in due to its proximity to GTA’s Downtown core. This provides future residents in this pocket of the city a rare opportunity to live right next to the center of it all.
Aside from this, Old Town is nestled right next to the Distillery District, St. Lawrence, Corktown, and other districts that are currently undergoing rapid gentrification. This includes residential, commercial, retail, and offices that will further elevate the standard of living in this thriving pocket.
Accessibility/Highlights
550 Adelaide Street Condos will have unparalleled connectivity to just about anything- shop and dine in the numerous retail and dining establishments that are situated in Old Town and the surrounding neighborhoods, enjoy a thriving urban life that includes a vibrant nightlife, chic shopping, and countless amenities in Downtown Toronto or enjoy the scenic beaches of Lake Ontario and other lakeside recreation in the Toronto Islands. This pocket of the city where 550 Adelaide Street Condos resides is located close to the best things Toronto has to offer.
Daily essential errands can be done easily from this location. A wide variety of convenience stores, groceries, and supermarkets are located close by. This includes Rocco’s No Frills, Neighbors Convenience Market, and the renowned St. Lawrence Market. St. Lawrence Market is known for its Saturday Farmers’ Market wherein fresh goods and produces from the Southern Ontario Farmers are delivered and sold fresh.
The address has an outstanding walk score and transit score. With a walk score of 94 out of 100, residents can easily do errands without the use of any transportation. But for people who need to go to other parts of the city or the GTA, the site also has a transit score of an almost perfect 98 out of 100. This means the site has convenient access to public transportation options including bus stops, streetcars, and subway lines for quick daily commutes around the city. For commutes to other parts of the GTA, Union GO Station is situated just a short drive away.
About the Developer
The developer of this project is yet to be announced.